Current Account

The market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes ...

Occurs when a country's total imports of goods, services and transfers is greater than the country's total export of goods, services and transfers. This situation makes a country a net ...

When an importer must pay the exporter in cash before a shipment is made. The logic behind the structure of such a transaction is that if an exporter ships a product to an importer and ...

An economic unit with income that is greater than or equal to expenditures on consumption or real investment over the course of a period. A surplus spending unit will use its additional ...

An entity that borrows more than it saves or lends out. A net borrower could be a company, country, government, group or individual. Borrowing can take the form of debt by acquiring ...

An economic transactions between residents of two nations over a stipulated period of time, usually a calendar year. Typically, these transactions consist of gift exchanges, pension ...

Countries track money coming in and going out through something called the balance of payments. Learn more here.

When economic data comes out, it can have a marked impact on the currency market. Find out how to profit.

In this online tutorial, beginners and experts alike can learn the ins and outs of the retail forex market.

Investors and policymakers are increasingly using trade balances to determine the health of the U.S. economy. Find out how you can too.